Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

Hapag-Lloyd to Deploy NexusWave Fleetwide

Hapag-Lloyd to Deploy NexusWave Fleetwide

MPA, World Maritime University to Continue Strengthening Maritime Education, Leaders

MPA, World Maritime University to Continue Strengthening Maritime Education, Leaders

Maersk, Hapag-Lloyd to Resume Suez Canal Sailings

Maersk, Hapag-Lloyd to Resume Suez Canal Sailings

Terminal Portuario de Guayaquil Surpasses 2,200 Hours of Simulated Port Training

Terminal Portuario de Guayaquil Surpasses 2,200 Hours of Simulated Port Training

Subscribe for Maritime Logistics Professional E‑News

Saudi Arabia is considering expanding oil pipelines to the Red Sea, according to sources
Defense companies sign agreements at NATO Industry Forum
Oil Gains after Vessel Attacks near Strait of Hormuz